Nebraska corn forecast reduced further

October 16, 2012

Based on Oct. 1 conditions, Nebraska’s corn crop is forecast at 1.30 billion bushels, down two percent from last month and down 15 percent from last year, according to USDA’s National Agricultural Statistics Service, Nebraska Field Office.
Corn yield is forecast at 142 bushels per acre, down three bushels from last month and 18 bushels below last year. Harvested acreage was increased by 50,000 acres to 9.15 million, but still five percent below a year ago.
Soybean production is forecast at 203 million bushels, up one percent from September but down 22 percent from last year.